- Increases the trade volumes of the firms both for sellers and buyers.
- Provides flexibility in payment-terms.
- Provides credit and receivable management; following up, collection, registration are made by the factor. So that, the firms can focus on their core business operations and use their time and money more efficiently.
- Provides source optimization so the growth is built by sales in trade and not by outsourcing.
- Reduces the bookkeeping/operational workload of the transactions as their accounting and invoicing process are reported by the factor.
- Firms are able to simplify their balance sheets. Inventory, accounts receivable, accounts payable levels are reduced and the high liquidity comes into play in the balance sheet.
- By the factor undertakes all the risk on import and export sides, the risks which may arise from political issues, currencies, transfers are eliminated.
- The risk of bad-debt is on the factor in an export transaction in the payment method Cash Against Goods and with 100% credit coverage guarantee.
- In export transactions, it enables the access of the information and credit reports easily of the buyers in different countries.
- As the factors have the access to the most updated credit reports of the buyers, it provides firms a daily monitoring of their accounts receivables.
- Our collection service helps our customers increase their on-time collection rates.
